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Aadhaar number is not compulsory to register new business

Government has made very crucial announcement for all entrepreneurs that Aadhaar number is now not mandatory for them to register a new business.

MSME Minister Kalraj Mishra said that, ” We have started registration of business online.

Aadhaar number is not compulsory to register new business

Source

There were reports that aadhaar number was mandatory for registration of new business. Today I want to clarify that Aadhar number is not mandatory.

To simplify the registration procedure for entrepreneurs, the MSME minister in September issued a new single page registration form called Udyog Aadhaar to be filled by entrepreneurs. This Udyog Aadhaar Memorandum is universal.

Mishra said that notification has been issued for revival of micro and small business units that are not performing.

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